New Single-Family Home Sales Rose 0.6% in June, Down 6.6% YOY

Washington, DC, July 24, 2025-Sales of new single-family houses in June 2025 were at a seasonally-adjusted annual rate of 627,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 0.6% above the May 2025 rate of 623,000, and is 6.6% below the June 2024 rate of 671,000.

The seasonally-adjusted estimate of new houses for sale at the end of June 2025 was 511,000. This is 1.2% above the May 2025 estimate of 505,000 and is 8.5% above the June 2024 estimate of 471,000.

This represents a supply of 9.8 months at the current sales rate. The months' supply is 1.0% above the May 2025 estimate of 9.7 months, and is 16.7% above the June 2024 estimate of 8.4 months.

The median sales price of new houses sold in June 2025 was $401,800. This is 4.9% below the May 2025 price of $422,700, and is 2.9% below the June 2024 price of $414,000. The average sales price of new houses sold in June 2025 was $501,000. This is 2.0% below the May 2025 price of $511,500, and is 1.1% above the June 2024 price of $495,500.